S&C Electric to exit storage business

Robert Walton, Utility Dive

Summary

After more than a decade producing storage systems, such as invertors, S&C Electric will exit the storage development business to focus on microgrids, Greentech Media reports.

S&C deployed its first battery system in 2006. But since then the rate and volume of battery production in the industry has skyrocketed, and the company says that kind of volume was never its strong suit.

The company focuses on microgrid development and smart switching components, saying last year it helped utilities avoid more than 2.4 billion customer-outage minutes. Outages are significant expense for United States consumers, but particularly for the industrial and commercial sectors, according to research by Lawrence Berkeley National Laboratory.